How to establish a company in Jebel Ali, Dubai

١٧ يناير How to establish a company in Jebel Ali, Dubai

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How to establish a company in Jebel Ali, Dubai? Jebel Ali Free Zone in Dubai is one of the best destinations for establishing companies in the UAE, as it provides an ideal investment environment and advanced facilities for startups and medium-sized companies. Establishing a company in Jebel Ali is a strategic step that requires knowledge of the necessary procedures and requirements. This free zone gives companies access to a vibrant international market, allowing them to obtain government contracts and multiple investment opportunities.

For investors who want to establish a company in Jebel Ali, they must begin by studying the market and determining the appropriate company activity according to the needs of the local and regional market. Next, they must choose the appropriate company type, such as a limited liability company or joint stock company, register the company and obtain the necessary licenses from the Jebel Ali Free Authority.

Setting up a company in Jebel Ali also requires opening a local bank account, and securing residency visas for foreign employees, if the company intends to employ them. It is recommended to cooperate with the legal advisors of Itqan Company in establishing companies in Dubai to ensure that the correct procedures are followed and compliance with local laws and legislation.

How to establish a company in Jebel Ali, Dubai

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How to choose the appropriate free zone to establish a company in Jebel Ali

When choosing the right free zone to establish a company in Jebel Ali , you should look at several factors to ensure that it meets your business needs and helps you achieve your business goals. Here are some points to consider:

Main activity of the company: Make sure that the free zone you choose allows the activity you wish to practice. Some free zones are designated for specific sectors such as logistics or manufacturing.
Costs and Fees: Compare the costs needed to establish a company in each free zone, including the costs of licenses, rents, and other services.
Infrastructure: Make sure that the free zone provides the necessary infrastructure for your business activity, such as communications, energy, and transportation.
Laws and Regulations: Look at the local laws and regulations in each free zone to ensure they align with your business needs and preferences.
Market Access: Choose a free zone that provides your company with easy access to the local and regional market.
Incentives and facilities: Some free zones offer incentives and facilities for new companies. Compare these offers to choose the best for your company.
Reputation and History: Research the free zone’s reputation and history of supporting companies and providing a business-friendly environment.
Government Support: Check the availability of government support and services that the local government can provide to your company in the free zone.

By choosing the right free zone, your company can benefit from a favorable business environment and achieve success and sustainable growth in Jebel Ali.

Property laws for establishing a company in Jebel Ali

Foreigners can establish companies in Jebel Ali Free Zone with up to 100% ownership, and this is done in accordance with the UAE Companies Law. However, there are some rules and regulations that foreign investors must adhere to while establishing a company in Jebel Ali , which are as follows:

Company Type: A Limited Liability Company (LLC) or a Limited Liability Company (FZ-LLC) can be established in Jebel Ali. The conditions for establishing each type of company are different, and applicable regulations must be adhered to.

Permitted activities: The company’s activities must be compatible with local regulations and legislation in Jebel Ali and the Emirates.

Local partner: In the case of establishing an LLC, there must be a local partner who owns at least 51% of the company’s share. However, the foreign company can retain all profits and management control.

Required Capital: The capital required to establish the company must be determined in accordance with local laws. In some cases, there may be a minimum required.

Licenses and Permits: All necessary licenses and permits must be obtained from local and government authorities to conduct business activity in Jebel Ali.

Tax Compliance: Adherence to local tax regulations and filing the necessary tax returns is vital to the success of any business in Jebel Ali. The UAE tax authorities determine the tax laws that companies must adhere to, and collect taxes based on these regulations. Businesses must maintain accurate financial records and submit periodic reports to local authorities for tax compliance.

Foreign workers: Foreign workers in Jebel Ali are of great importance to companies seeking to grow their businesses, but companies must adhere to local labor laws and residency visas for foreign workers. This requires compliance with numerous regulations and requirements.

The Jebel Ali region is committed to providing a favorable and stimulating investment environment for foreign companies, making it one of the most attractive regions for investment in the Emirates.

Advantages of a free zone company compared to an offshore company

feature	Free zone company	External company
Foreign ownership	Allows 100% foreign ownership	It requires a partnership with a local citizen
Exemption from taxes	They are often tax-free or at reduced rates	May be subject to normal taxes
Ease of administrative procedures	Simpler and faster establishment and management procedures	Procedures may be more complicated and slower
Infrastructure and services	Provides advanced infrastructure and support services	Infrastructure and services may be limited
Access to the local and regional market	It provides easy access to the local and regional market	Getting to market can be more challenging
Freedom in financial transactions and foreign currencies	It allows great freedom in financial transactions and foreign currencies	There may be restrictions on financial and foreign exchange transactions
Benefit from government incentives and facilities	You may get government incentives and special facilities	May not be eligible for government incentives

Please note that these features may vary depending on the country, the specific free zone, and the requirements of each company. It is always preferable to consult the experts of Itqan Legal Consulting Company for establishing companies before making the decision to establish a company.

Why start your business and company in Dubai?

Whatever your budget and financial ability, you can start an activity, trade, or provide services in the Emirates, due to the differences in living conditions, requirements and expenses, and the differences in the costs of establishing companies between each emirate and the types of companies available.

It is noticeable in the Emirates, especially Dubai, the high human density and the constant influx of people, whether they are capital owners, investors, or skilled workers, which has led to many needs for different projects and increased demand for products and services. Therefore, it is the best place in which you can start your trade or industry or provide your services. Users And the audience is there. Dubai Government supports entrepreneurs and investors and facilitates all services and needs to start a business or activity in Dubai.

Jebel Ali Free Zone

Jebel Ali Free Zone is located in Dubai, and is considered one of the most prominent locations that provides an ideal investment environment for starting a business. Jebel Ali features modern infrastructure and integrated services that make it an ideal destination for small and medium-sized companies and startups. Here are some reasons why Jebel Ali Free Zone is the perfect place to start your business:

Foreign Ownership: Jebel Ali Free Zone allows foreigners to own 100% of the company, providing great freedom of control and management.
Government Facilities: The UAE government provides great facilities to companies registered in Jebel Ali, such as exemption from taxes for a specific period and not imposing customs duties on import and export.
Advanced infrastructure: The Jebel Ali area has an advanced infrastructure that ensures easy access to basic services such as communications, energy and transportation.
Access to the regional market: Dubai is located in a strategic location that facilitates access to regional and global markets, making it an important business center.
Simple procedures: Jebel Ali features simple and quick establishment procedures, making it easier for entrepreneurs to quickly start their business.

In short, the Jebel Ali Free Zone in Dubai is an ideal choice for starting your business, as it provides the appropriate environment and facilities necessary for the growth and prosperity of companies.

Establishing a company in Jebel Ali

Establishing a company in the Jebel Ali area of Dubai can be an important strategic move for investors who want to take advantage of the benefits of the free zone. Jebel Ali is strategically located near Jebel Ali Port and Al Maktoum International Airport, making it an ideal destination for companies operating in the logistics and global trade sector.

It gives investors many advantages such as tax exemption, access to the Middle East and North Africa market, and advanced infrastructure. By choosing Jebel Ali as a company headquarters, investors can achieve sustainable success in the local and global market. To establish a company in Jebel Ali, investors must take the following steps:

The legal form of the company, whether a company, a branch of a company, or an institution.
Determine the company name.
Choosing the company’s headquarters within the Dubai free zones.
Obtaining the license and initial approval to practice work.

Free zones in the United Arab Emirates are an opportunity for entrepreneurs and investors who want to have their own companies without the need for a local sponsor. This type of company is designed to encourage foreign investment as it is characterized by easy establishment procedures and low costs.

Benefits of establishing a company in Jebel Ali

100% complete ownership of the company, as you will be the sole owner of the entire company without the need for a local sponsor.
Distinguished by ease of establishment procedures and low costs.
Flexible solutions in all areas of business establishment.
The possibility of benefiting from the business community through which the services of the free zone authorities can be used in terms of support services, sponsorship, or other services.

Types of business licenses available in Jebel Ali

Type of license	the description
General trade license	It allows the company to deal in all types of goods except prohibited materials.
Import and export license	It allows the company to bring goods into the free zone and export them from it.
Industry license	It allows companies to produce goods and products in the free zone.
Distribution license	It allows companies to distribute goods and products inside and outside the free zone.
Services license	It allows companies to provide specific services within the free zone.
Contracting license	It allows companies to implement construction and infrastructure projects inside and outside the free zone.
Storage license	It allows companies to store goods and materials in the free zone.
Consulting license	It allows companies to provide consulting services in different fields.

This table shows some of the common business licenses in Jebel Ali Free Zone, and there are many other licenses available depending on the type of business activity and legal and regulatory requirements.

Guarantees required to establish a company in Jebel Ali Free Zone

To establish a company in Jebel Ali Free Zone, local authorities may require financial guarantees from shareholders or partners. The required guarantees may vary depending on the type of company and the activity it undertakes. However, typically, the required guarantees include:

Bank guarantee: Shareholders may be required to provide a bank guarantee to guarantee their compliance with the company’s financial obligations. This guarantee is used in the event of inability to perform their obligations.
Writing a guarantee from shareholders: Shareholders may be asked to sign a written guarantee committing them to the company’s financial and legal obligations. This writing is usually part of the incorporation process.
Other guarantees: Local authorities may require additional guarantees as needed, such as guarantees for the provision of requested services or compliance with local legislation.

Make sure to check the guarantee requirements required in Jebel Ali Free Zone with the relevant authorities before starting the company establishment process.

Can foreigners establish a company in Jebel Ali?

Yes, foreigners can establish a company in Jebel Ali Free Zone. Economic freedom zones in the Emirates provide foreign investors with the opportunity to establish and own companies to a certain percentage or in full, in accordance with the laws and regulations issued in each free zone.

In Jebel Ali Free Zone, foreigners can establish certain companies with up to 100% foreign ownership, and this includes limited liability companies and other types. Foreign investors must comply with specific legal conditions and requirements which include the necessary licenses and permits, company registration and other administrative procedures.

Frequently asked questions about establishing a company in Jebel Ali, Dubai

What are the necessary procedures to establish a company in Jebel Ali, Dubai?

Investors must submit a commercial license application to the Jebel Ali Development Authority, submit the required documents and pay the prescribed fees.

What types of business licenses are available in Jebel Ali?

There are several types of commercial licenses available in Jebel Ali, such as the general commercial licence, the sole proprietorship licence, and the commercial establishment licence.

What are the necessary steps to obtain a commercial license in the Jebel Ali area?

Investors must submit a commercial license application to the Jebel Ali Development Authority, submit the required documents and pay the prescribed fees.